Not every franchise is an expensive one to run. If you’re looking for a lean, low-overhead franchise, here are a few to consider.
1. The Home-Based Franchise
Not interested in running an expensive restaurant or retail franchise? Then consider one you can run from your home. There are consulting-type franchises, like Franchise Consultant, as well as ecommerce franchises like Health Merchant.
Because you typically don’t have inventory and you definitely don’t have retail space, home-based franchises keep your costs down, which means more profit goes in your pocket!
2. The Cleaning Franchise
You need no office space to launch a cleaning franchise, which makes it another great option for a low-overhead franchise opportunity. Brands like The Groutsmith and eMaids have low startup costs and don’t require much more than supplies in terms of overhead.
Beyond the franchise fee, you’ll need to have a working vehicle to get to clients, as well as the tools of your trade (cleaning supplies, mop, etc.).
3. The Business Services Franchise
If you enjoy working with businesses (rather than consumers), this is a great category to consider for your franchise investment.
4. The Computer or Internet Franchise
If you’re adept at using a computer, there are several low-overhead computer or Internet franchises to consider. Top Ten Percent offers the potential to make great money on mobile marketing, and if you’re interested in designing websites, consider SiteSwan Website Builder.
If you are technical, this is a good category of franchise to consider.
5. The Home Service Franchise
If you want to make a difference (without costly overhead), a home service franchise is worth a thought. Caring Transitions, for example, helps seniors downsize through estate sales. Oxi Fresh Carpet Cleaning helps people maintain a beautiful home with clean, sanitized carpets.
Home service franchises are great for people who enjoy meeting other people and helping them with the franchise’s services.
6. The Training Franchise
If you pride yourself on your ability to teach others, a training franchise might be right for you. If you’ve got business acumen, become a Growth Coach franchise and help other business owners grow. If you want to help individuals uncover their true potential, check out Loving Life Now.
The perk to a training franchise is that you get to see your hard work pay off in the training that you give.
No matter what your interests are, there’s a low-overhead franchise for you!
Susan Payton is the President of Egg Marketing & Communications, a marketing firm specializing in content writing and social media management. She’s written three business books, including How to Get More Customers With Press Releases, and frequently blogs about small business and marketing on sites including Forbes, AllBusiness, The Marketing Eggspert Blog, and Tweak Your Biz. Follow her on Twitter @eggmarketing.